West High Yield (W.H.Y.) Resources Ltd. Provides Update to Previously Announced Royalty Unit Transaction
Calgary, Alberta--(Newsfile Corp. - May 25, 2021) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that, due to market conditions and other various factors, it will not pursue final approval from the TSX Venture Exchange (the "TSXV") in respect of its previously announced disposition of a contractual royalty by way of the issuance of Royalty units (the "Royalty Transaction"). The Company is currently in the midst of evaluating various...
2021-05-25 5:21 PM EDT
West High Yield Provides an In-Depth Update on Its Magnesium Project
Calgary, Alberta--(Newsfile Corp. - May 18, 2021) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to provide an update on the status of its permit application at its Record Ridge magnesium deposit located at Rossland, British Columbia ("Record Ridge" or the "Project") and on the progress and development of its proprietary metallurgical process to "Stage-2 PFS" by successfully conducting additional laboratory test work (the "Testing...
2021-05-18 9:00 AM EDT
West High Yield (W.H.Y.) Resources Ltd. Announces Change to Stock Option Amendment Proposal and Grant of New Stock Options
Calgary, Alberta--(Newsfile Corp. - May 7, 2021) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that further to its press release dated April 19, 2021 and after consulting with its advisors, it has decided to allow the 1,150,000 stock options granted on April 15, 2016 (the "Old Options") to expire instead of seeking TSX Venture Exchange approval for an extension of such expiry date. The Old Options expired on April 15, 2021. Instead of...
2021-05-07 5:00 PM EDT
West High Yield Announces Receipt of $750,000 Secured Loan and Closing of Private Placement
Calgary, Alberta--(Newsfile Corp. - April 29, 2021) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that it has arranged for a loan to be provided by Big Mountain Development Corp. Ltd. (the "Lender"), a related party of the Company, in the principal amount of CAD$750,000 (the "Loan"). The Loan will have a term of 12 months and will bear interest at the rate of 10% per annum. The Loan will be secured by the previously executed first charge...
2021-04-29 1:58 PM EDT
West High Yield (W.H.Y.) Resources Ltd. Announces Procedure for Annual Shareholder's Meeting and 2020 Annual Results
Calgary, Alberta--(Newsfile Corp. - April 26, 2021) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that for a second consecutive year, in response to the COVID-19 pandemic, the Company has taken precautionary measures for its upcoming annual general and special meeting of shareholders (the "Meeting"). The Meeting will be held at 10:00 am on Thursday, June 17, 2021 by telephone conference call and via the internet in order to ensure the...
2021-04-26 10:28 PM EDT
West High Yield (W.H.Y.) Resources Ltd. Announces Extension of Previously Announced Royalty Unit Transaction
Calgary, Alberta--(Newsfile Corp. - April 21, 2021) - West High Yield (W.H.Y.) Resources Ltd. ("West High Yield" or the "Company") (TSXV: WHY) announces that, further to its news release dated March 23, 2021, it has received an extension from the TSX Venture Exchange (the "TSX-V") with respect to its previously announced disposition of a contractual royalty (the "Royalty") by way of the issuance of Royalty units to investors (the "Transaction"). The outside date for all final submissions and...
2021-04-21 11:44 AM EDT
West High Yield (W.H.Y.) Resources Ltd. Announces Extension of Expiry Date of Existing Stock Options and Grant of New Stock Options
Calgary, Alberta--(Newsfile Corp. - April 19, 2021) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that it intends to extend the expiry date of an aggregate of 1,150,000 stock options (the "Old Options") granted on April 15, 2016, to the date that is 10 years from the grant date of each of the Old Options (the "Amendment"). The Old Options each have an exercise price of CAD$0.25 per Old Option. The Amendment is subject to TSX Venture...
2021-04-19 2:50 PM EDT
West High Yield (W.H.Y.) Resources Ltd. Announces Extension and Upsizing of Previously Announced Private Placement
Calgary, Alberta--(Newsfile Corp. - March 30, 2021) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that, further to its news release dated February 12, 2021, it has received an extension from the TSX Venture Exchange (the "TSX-V") with respect to the duration and size of its previously announced private placement offering (the "Offering"). The outside date for the closing and filing of all final documentation in respect of the Offering has...
2021-03-30 12:54 PM EDT
West High Yield (W.H.Y.) Resources Ltd. Announces Reclassification of Previously Announced Royalty Unit Private Placement
Calgary, Alberta--(Newsfile Corp. - March 23, 2021) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that it has changed the classification and amended some of the terms of its previously announced non-brokered private placement (the "Offering") of a contractual royalty (the "Royalty") by way if the issuance of Royalty units (the "Royalty Units") to investors (the "Investors"). Further to consultation and assessment from the TSX Venture...
2021-03-23 9:00 AM EDT
West High Yield (W.H.Y.) Resources Ltd. Announces Non-Brokered Private Placement
Calgary, Alberta--(Newsfile Corp. - February 12, 2021) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") is pleased to announce a non-brokered private placement of units (the "Units") for aggregate gross proceeds of up to CAD$2,500,000 (the "Offering"). The Offering shall consist of the sale of up to 12,500,000 Units at a price of CAD$0.20 per Unit. Each Unit comprised of one (1) common share in the capital of the Company ("Common Shares") and one (1)...
2021-02-12 1:45 PM EST
West High Yield Announces Final Closing and Completion of Private Placement
Calgary, Alberta--(Newsfile Corp. - February 10, 2021) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces the closing (the "Final Closing") of the final tranche of its previously announced private placement (the "Private Placement") for 425,000 units (the "Units") at a price of CAD$0.20 per Unit for gross proceeds of CAD$85,000.00. Each Unit is comprised of one common share (the "Common Shares") and one Common Share purchase warrant (the...
2021-02-10 1:55 PM EST
West High Yield Announces Completion of Shares-For-Debt Settlement Transactions
Calgary, Alberta--(Newsfile Corp. - January 15, 2021) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that it has completed the settlement of CAD$28,946.40 of indebtedness (the " Debt Settlement") as originally announced on December 22, 2020. To effect the Debt Settlement, the Company issued 144,732 Common Shares (the "Common Shares") at a deemed price of CAD$0.20 per Common Share to two creditors of the Company. The Debt Settlement was...
2021-01-15 4:30 PM EST
West High Yield Announces Extension of Private Placement
Calgary, Alberta--(Newsfile Corp. - January 5, 2021) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that, further to its press releases dated October 7, 2020 and November 23, 2020, it has received an extension from the TSX Venture Exchange with respect to the duration of its previously announced private placement (the "Private Placement"). The outside date for the closing and filing of all final documentation in respect of the Private...
2021-01-05 4:41 PM EST
West High Yield Announces Royalty Unit Private Placement
Calgary, Alberta--(Newsfile Corp. - December 23, 2020) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that its board of directors has approved a non-brokered private placement (the "Offering") of a contractual royalty (the "Royalty") by way if the issuance of Royalty units (the "Royalty Units") pursuant to applicable prospectus exemptions under Canadian securities legislation. The Offering will comprise up a maximum of 40 Royalty Units...
2020-12-23 5:17 PM EST
West High Yield Announces Shares-For-Debt Settlement Agreements
Calgary, Alberta--(Newsfile Corp. - December 22, 2020) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that its board of directors has approved the settlement of up to CAD$28,946.40 of debt through the issuance of Common Shares of the Company (the "Debt Settlements"). Pursuant to the Debt Settlements, the Company would issue up to 144,732 Common Shares of the Company (the "Shares") at a deemed price of CAD$0.205 per Share to certain...
2020-12-22 11:38 AM EST
West High Yield Closes Second Tranche of Private Placement
Calgary, Alberta--(Newsfile Corp. - December 4, 2020) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces the closing of the second tranche of its previously announced private placement for 325,000 Units at a price of $0.20 per Unit for gross proceeds of $65,000. In the closing, the Company issued 325,000 Common Shares (the "Shares") and 325,000, Common Share Purchase Warrants (the "Warrants"). The Warrants expire 12 months from the date of...
2020-12-04 3:37 PM EST
West High Yield Closes First Tranche of Private Placement
Calgary, Alberta--(Newsfile Corp. - December 1, 2020) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces the closing of the first tranche of its previously announced private placement for 552,500 Units at a price of $0.20 per Unit for gross proceeds of $110,500.00. In the closing, the Company issued 552,500 Common Shares and 552,500 Common Share Purchase Warrants (the "Warrants"). The Warrants expire 12 months from the date of issue and two...
2020-12-01 1:49 PM EST
West High Yield Announces Release of Third Quarter Financial Results and Modifies Previously Announced Private Placement
Calgary, Alberta--(Newsfile Corp. - November 23, 2020) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces the release of its third quarter financial results which have been filed with Canadian securities regulatory authorities under the Company's profile on SEDAR at www.sedar.com. The Company also announces modifications to its previously announced private placements and advises that the Company is now offering a single non-brokered private...
2020-11-23 9:00 AM EST
West High Yield Partners with EnviroGold to Extract Gold and Valuable Minerals from the Company's Reject Rocks
Calgary, Alberta--(Newsfile Corp. - November 10, 2020) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that it has entered into a joint venture with EnviroGold Global for the development, operation, and reclamation of its precious mineral (Au/Ag) rock rejects located on its gold claims in Rossland, BC. The venture is conditional upon the parties receiving approval from the Ministry of Mines in British Columbia and when approved, will help...
2020-11-10 11:05 AM EST
West High Yield Announces Private Placements
Calgary, Alberta--(Newsfile Corp. - October 7, 2020) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces two non-brokered private placements (the "Offerings"). The first Offering is a Flow-Through Private Placement of up to $2,100,000 for 7,000,000 Units of the Company comprised of 7,000,000 Common Shares issued on a flow-through basis and 7,000,000 Common Share Purchase Warrants (the "Warrants"). Each Unit is priced at $0.30 per Unit with...
2020-10-07 8:30 AM EDT